It's not a mere assumption. There do exist people who do many repairs better than Apple for hundreds of dollars less, in the US.
As a hypothetical, suppose the camera glass or lens was made with materials or a technique that caused it to be 90% of a phone’s cost to produce. Then replacing this item would cost >90% of the phone’s price, even though it is “small”.
Or you have a huge transport ship that has an issue with a propeller or a small part of the ship on the bottom, but it needs a dry dock to repair, and there are only a couple dry docks in the world that can handle it. Then the price could be a very high percentage of original price due to the extreme supply and demand curves involved.
Repair costs are not a simple a function of the “size” of the damage.
When I say there are people who do the repair for much cheaper I mean including the price they pay for the part, not merely their labor. Your hypothetical is not the case here.
>Of course, the ability for only one entity to source and supply those will tilt the scales towards a higher price
Edited words...
There are myriad factors that affect repair place, especially for something as technologically advanced as the newest laptops. Labor prices, design of the laptop, parts supplies, etc.
Of course, the ability for only one entity to source and supply those will tilt the scales towards a higher price, but that is unrelated to the “small”-ness of the damage.